Page 5 - National Highways Authority Of India

Ultimate ownership of Delhi-Mumbai Expressway will remain with NHAI

SPV to take over financial liabilities, but traffic risks remain with NHAI

In the spotlight: Growth signs visible for road infrastructure players

Analysts expect better order flows, improving labour availability and rising construction activities to boost second half performance

Dilip Buildcon soars 11% on bagging project worth Rs 1,905 cr from NHAI

The project is to be completed in 24 months and its operation period is 15 years from the COD

NHAI awarded projects worth Rs 31,000 cr in FY21, highest in past 3 years

It has set a target of awarding 4,500 km of highway during current financial year, which it is likely to exceed

Signs of green shoots? Seven firms bag orders worth Rs 42,000 cr in Q1

Industry executives and analysts said most of this new order activity was a spillover, and fresh project finalisation remains weak

In a first, NHAI to start ranking national highways for quality of service

Highways will be assessed on the basis of three criteria; highway efficiency, highway safety and user services

NHAI kickstarts process to form InvIT to tap investment in highways sector

NHAI constitutes a panel to select an Investment Manager to initiate the InvIT process

Ban on China companies unlikely to hit ongoing highway contracts

The National Highways Authority of India (NHAI) will complete these contracts but will not award fresh projects to Chinese firms.

Cyber attack on NHAI email server, 'prompt action' resulted in no data loss

The government had warned against a large-scale cyber attack against individuals and businesses earlier this month

Ratio of India's public debt to GDP likely to scale a new high in FY21

According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020

NHAI revamp in the offing; large-scale reforms needed: Nitin Gadkari

The total length of National Highways at present is abut 150,000 km, about 2 per cent of the length of all the roads, but they carry about 40 per cent of the total traffic

Grand announcements

Executing road projects worth Rs 15 trillion in two years will be a tall order

Lockdown 2.0: Our targets for project award won't decline, says Gadkari

In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner

Industrial activities that may be allowed during the lockdown

Districts and states will not be in a position to sustain the expenditure on the stay of migrant labour so they could instead be used for construction activity

Ashoka Buildcon arm executes concession pact with NHAI for road project

Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.

Toll collection, traffic movement down 10-20%, force majeure likely

The report labels mobility restriction for countries in three categories - moderate, intermediate and severe

Roads and highways remain a rare bright spot in economic slowdown

But there have been some delays due to land acquisition and other issues

Highways a bright spot amid economic slowdown, but problems persist

While spending has been ramped up and work has continued apace in some marquee projects, there have been some delays due to land acquisition and other issues

Adani Enterprises wins Rs 1,546-cr NHAI project under Bharatmala Pariyojana

Bharatmala Pariyojana is a government-sponsored and funded road and highways project

NHAI collects Rs 20 cr from 1.8 million defaulters entering FASTag lanes

Over 1.55 crore FASTags have been issued through multiple Point of Sale (PoS) location